W Recycling Services Ltd
09125715
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr David Porter
British · England · Age 66
1 The Quays, The Quays, Lincoln, LN1 2XG
Notified 01/08/2019
Former PSCs
Miss Carol Dearing
Ceased 01/08/2019
CompanyRankvs 1722+ SIC 39000 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
-£214k
Balance sheet strength
Cash
£5
Cash in the bank
Net Current Assets
-£61k
Working capital
Current Assets
£26k
Current Liabilities
£202k
Debtors
£133k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.13 | -£162k |
| 2023 | 1.00 | +£37k |
| 2022 | 0.67 | +£5k |
| 2021 | 0.58 | -£30k |
| 2020 | 3.52 | -£111k |
| 2019 | 11.04 | — |
Derived from filed accounts. Not audited figures.